Common RRSP Myths Debunked

RRSP

For most people under the age of 50, retirement is just a vague pleasant thought looming on the horizon. While they might have set up some form of a Registered Retirement Savings Plan (RRSP) to which they contribute a certain portion of their earnings, chances are they’re not actively giving it much thought (or spending much time researching).

With how shaky the economy has been (and likely will continue to be), it’s always a good idea to plan ahead and make sure you understand all there is to know about your RRSP so you can do your best to prevent any unpleasant surprises down the road.

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